Lionel Messi, the four-time world soccer player of the year, directed revenue from advertising deals through companies in the U.K. and Switzerland to evade 4.2 million euros ($5.6 million) in income tax, according to a complaint filed by a prosecutor in Barcelona.
Armajaro Trading Group Ltd., a London-based supplier of sugar, cocoa and coffee, reported a loss of $10.3 million for the year ended Sept. 30 as operating profit plunged, according to a filing to U.K. Companies House.
A mural by Banksy which divided the art world after being removed from a London street sold last night at a private event in London for more than 750,000 pounds ($1.1 million), according to the event organizers.
Former Deutsche Bank AG executives led by commodities chief David Silbert started an energy and metals company backed by private-equity energy firm Riverstone Holdings LLC that may have as many as 125 staff in three years.
Clive Capital LLP paid its top- earning partner $33.5 million in the 12 months through February as the commodity hedge-fund firm managed by Chris Levett posted losses for clients for a second straight year.
BlackRock Inc.’s Mark Lyttleton, who was picking winning stocks as an 8-year-old, became a U.K. poster boy for retail clients seeking hedge-fund style investments after posting positive returns in 2008 when markets crashed. Money poured in.
JPMorgan Chase & Co., the largest U.S. bank, is poised to more than double the value of its investment in London Metal Exchange shares bought seven months ago from the U.K. unit of bankrupt MF Global Holdings Ltd.